Posts with tag: technology
KKR acquires 57.92% of Fuji Soft, ending a fierce battle with Bain Capital. In a highly competitive bidding war, KKR's offer of 9,850 yen per share ultimately prevailed.
Published on: February 20, 2025, 05:00 AM UTC
Yen rises as Trump's tariff threats stir global economy, currency market remains cautious.
Published on: February 20, 2025, 02:04 AM UTC
Short sellers lost $73 billion in 2025 as the stock market rallied, with Super Micro Computer, Hims & Hers, Oklo, and BigBear.ai experiencing significant gains due to short squeezes
Published on: February 20, 2025, 02:03 AM UTC
Carvana Reports Record Q4 Revenue and Profit, Exceeding Estimates; Shares Dip in After-Hours Trading
Published on: February 20, 2025, 02:02 AM UTC
Online car dealer Carvana reported a beat on revenue and profit for the fourth quarter, with strong retail unit sales and adjusted EBITDA. Shares initially rose after hours but later pulled back, despite the company's record full-year sales and adjusted EBITDA margin.
Published on: February 20, 2025, 01:01 AM UTC
US futures drop after S&P 500 hits record high, Fed signals pause in rate cuts.
Published on: February 20, 2025, 01:00 AM UTC
First Carolina Bank has acquired BM Technologies, a digital banking fintech, for $66 million. The acquisition will help First Carolina Bank differentiate itself in the market and accelerate its digital banking growth strategy.
Published on: February 20, 2025, 12:04 AM UTC
Carvana (CVNA) defies estimates with revenue and profit beat but faces post-market pullback after hitting a 52-week high. Despite growing 32% YoY, revenue falls short of Q3 and shares dip in after-hours trading.
Published on: February 20, 2025, 12:02 AM UTC
Elon Musk's government efficiency commission releases list of cost-cutting measures, including billions in contract cancellations and real estate sales.
Published on: February 20, 2025, 12:02 AM UTC
Atlanta Fed President Raphael Bostic says interest rate cuts are still possible this year as policymakers monitor economic conditions and Trump administration policies.
Published on: February 20, 2025, 12:01 AM UTC